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Underfloor Heating Market Size

  • Report ID: GMI2122
  • Published Date: Jul 2022
  • Report Format: PDF

Underfloor Heating Market Size

Underfloor Heating Market size surpassed USD 7.2 billion in 2023 and is anticipated to witness over 5.5% CAGR from 2024 to 2032.

 

Ongoing technological advancements across space heating systems along with an inclination toward clean energy technologies will stimulate the underfloor heating industry growth. Continuous retrofitting of residential & small commercial spaces including offices, retail stores, institutions, and others will complement the demand for sustainable technologies including underfloor heating units. Moreover, increasing migration of the population toward urban establishments along with rapidly growing real estate business will boost the adoption of underfloor heating technologies across the globe.

 

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of underfloor heating crossed USD 7.2 billion in 2023 and is expected to record over 5.5% through 2032.

The Europe underfloor heating industry may surpass USD 5.8 billion by 2032 driven by increasing industrialization in the region leading to a rise in the demand for energy-efficient heating technologies.

Underfloor heating market size was worth over USD 4.3 billion in 2023, due to the rising population in developing nations and increasing real estate investments.

Prominent market players include H2O Heating Pty Ltd., Uponor Corporation, Danfoss, MAGNUM Heating Group B.V., Heatcom Corporation A / S, Eberle by Schneider Electric, Mitsubishi Electric Corporation, and Hurlcon Hydronic Heating

Underfloor Heating Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 22
  • Tables & Figures: 650
  • Countries covered: 23
  • Pages: 350
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